quinta-feira, 4 de abril de 2013

Monkeys beat market cap indices

www.cass.city.ac.uk

A study published by Cass Business School's Cass Consulting in London simulated the stock-picking abilities of a monkey (10 million simulations). The "monkeys" (indices constructed randomly) obtained vastly superior returns than a fund manager (market capitalization-weighted index).

Ler o artigo